T Bank NA, the Dallas commercial bank subsidiary of First Metroplex Capital Inc., said Wednesday that it had applied to the Office of the Comptroller of the Currency to establish trust powers.
It said it plans to offer traditional fiduciary services, such as being executor, trustee, agent, administrator, or custodian for individuals, nonprofit organizations, employee benefit plans, and corporations.
In a move related to the proposed trust operation, T Bank said it has signed advisory services agreements with Cain Watters & Associates PC and III:I Financial Management Research LP. The bank wants initially to serve primarily the clients of Cain Watters, a registered investment adviser and public accounting firm that specializes in dental practice management, including financial planning.
Cain Watters has more than 1,100 clients in 49 states.
